The Manufacturers Association of Nigeria has appealed to the Federal Government to resolve its N29 billion electricity tariff dispute with the Electricity Distribution Companies and the Nigerian Electricity Regulatory Commission.
Its Director-General, Segun Ajayi-Kadir, made the appeal yesterday in an interview in Lagos. He urged the Federal Government to assist in settling the dispute out of court by picking part of the N29 billion debt.
According to the News Agency of Nigeria, he said the dispute arose because the DisCos and NERC failed to abide by the new Multi-Year Tariff Order that was subsisting at that time.
It would be recalled that the dispute arose when MAN directed its members nationwide to ignore the new MYTO 2015. The association later went to court to obtain an injunction restraining NERC and DisCos from implementing the new tariff regime.
Source: The Nation
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